| Date | Title | Description |
| 02.02.2026 | Varo Bank Raises $123.9M in Series G Funding | Varo Bank, a San Francisco, CA-based all-digital nationally chartered bank in the U.S., raised $123.9M in Series G funding.
The round was led by existing investor Warburg Pincus and new investor Coliseum Capital Management, LLC. Existing in... |
| 20.11.2025 | AI fintech startup Kaaj raises $3.8 million from Kindred Ventures, others | Synopsis
Founded in 2024 by husband-wife duo Utsav Shah and Shivi Sharma, Kaaj aims to expand access to affordable capital for all small businesses. The startup uses agentic AI workflows to help lenders analyse end-to-end loan packages, cre... |
| 19.11.2025 | Agentic AI startup Kaaj secures $3.8M to expand credit intelligence platform
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Cookies | Credit intelligence platform startup Kaaj Technologies Inc. revealed today that it has raised $3.8 million in funding to accelerate product development and expand its agentic artificial intelligence-powered platform across the U.S. small-bu... |
| 15.07.2025 | What Is a High Yield Savings Account? | Share
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Looking to earn more on your cash? A high-yield savings account can deliver APYs up to 13× higher than traditional accounts, with today’s best rates reaching up to 5.00% APY compared to the national average of ... |
| 17.02.2025 | Digital Bank Varo Aims to Raise $55 Million as CEO Transition Takes Place | Varo Money, a federally chartered digital bank, is raising growth capital.
According to a Form D filed with the Securities and Exchange Commission, Varo is seeking $55 million. As of the date of the filing, Varo has raised almost $29 millio... |
| 31.10.2024 | The FinTech Revolution: New York's Digital Finance Landscape | New York City is a financial titan. But it’s not just Wall Street that’s buzzing. The tech scene is alive, and it’s changing the game. Welcome to the world of FinTech, where finance meets technology. This blend is not just a trend; it’s a r... |
| 31.10.2024 | How New York’s Tech Industry is Shaping the Future of Finance (FinTech) | Share
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New York City is not only famous for finance; it’s also becoming a tech powerhouse. Together, these two industries are creating something big: FinTech. FinTech, short for “financial technology,” uses digital to... |
| 08.06.2024 | Inside UK banks’ arms race against fintech start-ups | - |
| 28.05.2024 | 5 Lessons APAC Digital Banks Can Learn from Nubank’s US$1B Profitability Journey | - |
| 27.05.2024 | Starling investor eyes £10bn valuation for bank as tech business takes off | - |
| 03.04.2024 | Fintech is Failing at Financial Inclusion for Women | - |
| 18.03.2023 | Varo Bank Selects RiskExec’s SaaS Fair Lending Platform Furthering Varo’s Commitment to Economic Mobility | RiskExec, Inc., a subsidiary of Asurity Technologies, LLC, announced its compliance software has been selected by Varo Bank to conduct Fair Lending analytics for its innovative financial products serving Americans living paycheck to paychec... |
| 23.12.2022 | How To Structure Your Board: From Pre-Seed to IPO | Properly structuring your board of directors can be one of the most important factors in the overall success of a company. As we learned in my last article about why a startup needs a board, the best way to avoid early mistakes at a startup... |
| 14.09.2022 | Here are the best checking accounts available right now
Capital One 360 Checking® from Capital One
Discover Cashback Debit Account from Discover
Schwab Bank High Yield Investor Checking® Account fr... | JUMP TO Section
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Capital One 360 Checking®
Discover Cashback Debit Account
Schwab Bank High Yield Investor Checking® Account
LendingClu... |
| 13.01.2022 | US fintech Current introduces high-yield savings where customers earn a 4.00% APY | As competition amid digital banks heats up, U.S. fintech Current is rolling out a new product designed to make its banking service more appealing. The company announced this morning it’s launching a new high-yield offering called “Interest”... |
| 04.10.2021 | Monzo forfeits bid for US banking license | Monzo, the UK-based digital only banking entity which has been attempting to acquire a US banking license, announced withdrawing its bid following more than a year of discourse with regulatory authorities, according to the Financial Times.
... |
| 21.09.2021 | PayPal launches its ‘super app’ combining payments, savings, bill pay, crypto, shopping and more | PayPal has been talking about its “super app” plans for some time, having recently told investors its upcoming digital wallet and payments app had been given a go for launch. Today, the first version of that app is officially being introduc... |
| 15.09.2021 | Fintech start-up Varo Bank triples valuation to $2.5 billion after gaining bank charter | Varo is set to announce Thursday that it raised $510 million in a Series E round led by hedge fund Lone Pine Capital and including dozens of new and existing investors.
The firm’s valuation rose to $2.5 billion from approximately $700 milli... |
| 10.09.2021 | The question that defines venture capital firm Benchmark | For Benchmark, I imagine they take the question with a hint of exasperation, like late stage companies being queried “when will you IPO” the moment they reach unicorn status.
Paid Content Optimizely's CEO on upgrading the marketer experienc... |
| 10.09.2021 | Digital challenger Varo Bank lands $510m in Series E funding round | San Francisco-based digital bank Varo has raised $510 million in a Series E funding round led by Lone Pine Capital.
Varo was launched in 2017
Existing backers including Warburg Pincus, The Rise Fund, and Gallatin Point Capital also particip... |
| 10.09.2021 | The question that defines venture capital firm Benchmark | For Benchmark, I imagine they take the question with a hint of exasperation, like late stage companies being queried “when will you IPO” the moment they reach unicorn status.
Paid Content How a global community of chief executives is buildi... |
| 09.09.2021 | Varo Bank Raises $510M of Growth Funding | Varo Bank, a San Francisco, CA-based all-digital, nationally chartered bank, closed a $510m funding round.
The round was led by new investor Lone Pine Capital, who was joined by dozens of additional new investors including Declaration Partn... |
| 09.09.2021 | Latest round gifts Varo Bank half a billion dollars | Just over a year after Varo Bank was granted a bank charter, the mobile banking startup announced Thursday it had raised $510 million in an oversubscribed funding round led by Lone Pine Capital.
The massive Series E included dozens of new a... |
| 09.09.2021 | Varo Bank raises $510m | American digital lender Varo Bank has raised $510 million in an oversubscribed funding round led by Lone Pine Capital.
Declaration Partners, Eldridge, Marshall Wace, Berkshire Partners / Stockbridge, funds and accounts managed by BlackRock,... |
| 09.09.2021 | Digital Bank Varo Raises $510 Million Series E at $2.5 Billion Valuation | Varo Bank, one of the first, nationally chartered digital banks in the US, has raised a $510 million Series E funding round. The capital was raised at a valuation of $2.5 million, according to reports. Once again, FT Partners was the exclus... |
| 09.09.2021 | Varo Money, Inc. announced that it has received $510 million in funding from a group of investors | On September 9, 2021, Varo Money, Inc. closed the transaction. The company received $510,000,000 in the transaction led by new investor Lone Pine Capital LLC. The transaction also included participation from dozens of additional other new i... |
| 09.09.2021 | Varo Bank raises massive $510M Series E at a $2.5B valuation as it eyes the public markets | Varo Bank, which last year became the first U.S. neobank to be granted a national bank charter, announced this morning it has raised a staggering $510 million in a Series E funding round at a $2.5 billion valuation.
The massive “oversubscri... |
| 19.08.2021 | Varo’s small-dollar loan updates include underwriting that could enrich future products | The news: Varo will make several updates to its small-dollar loan offering, Varo Advance, that range from changing the fees charged to revamped underwriting for borrowers. The US neobank, which announced the changes in an email for customer... |
| 09.08.2021 | Greenwood’s content studio seeks to stir up interest and add users ahead of launch | The news: Greenwood, a US neobank geared toward Black and Latino communities, and co-founded by rapper and entrepreneur Killer Mike, is making a financial education push ahead of its expected early 2022 launch.
The neobank’s initiative is h... |
| 12.07.2021 | Wells Fargo axes personal credit lines in bid for product simplicity | The news: Wells Fargo will eliminate its personal lines of credit as part of an initiative to streamline its product lineup, which involves unwinding some offerings over the next few weeks, per CNBC. The US banking giant notified impacted c... |
| 01.07.2021 | Huntington adds to its customer safety net with early paycheck access | The news: Huntington will let customers access direct deposits, including paychecks, up to two days in advance through a new free feature, Early Pay. The new feature is available to customers who have consistently made certain types of dire... |
| 30.06.2021 | TD Bank plans no-overdraft account, co-opting a major neobank feature | The news: TD Bank plans to roll out an overdraft fee-free checking account, TD Essential Banking, in August, Banking Dive reports. The account, which will carry a monthly fee of $4.95 (except for account holders aged 13 to 17), will have no... |
| 08.06.2021 | Ally’s move to eliminate overdraft fees puts more pressure on big banks to lose a big revenue source | The digital disruption of the banking sector kicked up a notch last week with the news that Ally Bank—among the most prominent of the so-called challenger banks—is eliminating overdraft fees across all of its accounts.
The consumer banking ... |
| 20.05.2021 | FactSet Research : Banking on Fintech | Banking on Fintech Companies and Markets
By Sean Ryan| May 20, 2021
The financial crisis of a decade ago catalyzed many secular changes in the U.S. banking system, but few are starker than the collapse in new bank charters. According to dat... |
| 27.04.2021 | Varo Bank Expands Leadership Team with Three Key Hires | |
| 15.04.2021 | For startups choosing a platform, a decision looms: Build or buy? | TX Zhuo Contributor
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TX Zhuo is the managing partner of Fika Ventures, focusing on fintech, enterprise software and marketplace opportunities.
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Strike first, strike hard, no mercy: How emerging ... |
| 22.02.2021 | NBA star Russel Westbrook leads $63m investment in Varo Bank | US digital challenger Varo Bank has raised $63 million in a corporate funding round from Russell Westbrook Enterprises.
Varo has raised $482 million since 2015
The investment firm is led by former NBA all-star Russell Westbrook, while Jeffe... |
| 18.02.2021 | NBA star Russell Westbrook just led a $63 million investment in Varo, the challenger bank that's looking to expand into lending | Russell Westbrook David J. Phillip/AP This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
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NBA star Russell Westbrook led a $63 million fundraising round in digital bank Varo.
Varo ... |
| 18.02.2021 | Varo Bank Announces Engagement With NBA Player & Entrepreneur Russell Westbrook, Raises $63 Million | Digital banking group Varo Bank announced on Thursday an extensive engagement with Russell Westbrook, nine-time NBA All-Star, NBA MVP, entrepreneur, philanthropist, and designer. Varo Bank reported that Westbrook is now an investor as well ... |
| 18.02.2021 | Progressive-backed Varo raises $63 million | Varo Money, Varo Money
Founded: 2015
Headquarters: San Francisco, CA, US
Total Funding: $482.4M
See full company profile "> which last year became the first US neobank to be granted a national bank charter, is announcing a new $63 m... |
| 18.02.2021 | Varo Bank raises another $63M, led by NBA star Russell Westbrook | Varo Bank, which last year became the first U.S. neobank to be granted a national bank charter, announced this morning it’s raised another $63 million in new funding. The round was led by NBA star Russell Westbrook, who will also join the s... |
| 18.02.2021 | Varo Bank Raises $63M in Funding from Russell Westbrook Enterprises | Varo Bank, a San Francisco, CA-based all-digital nationally chartered bank, raised $63m in funding.
Russell Westbrook, nine time NBA All-Star, NBA MVP, entrepreneur, philanthropist, and designer led the round via Russell Westbrook Enterpris... |
| 04.02.2021 | Varo Launches New Brand: "A Bank for All of Us" | |
| 25.01.2021 | Varo Bank Announces $100,000 Emergency Fund Giveaway | |
| 20.10.2020 | What Digital Banks Can Do To Help Narrow The Racial Wealth Gap | Co-Founder and CEO of Varo Money, industry executive turned disruptor, reinventing banking. |
| 13.08.2020 | Varo — от необанка к традиционным игрокам | Американский Varo Money запустился на волне популярности необанков в 2015 году с понятными целями: привлечь миллениалов, известных своей бережливостью и интуитивным пониманием постепенного ухода банкинга в онлайн. В августе стало известно, ... |
| 03.08.2020 | Mobile banking startup Varo is becoming a real bank | Mobile banking startup Varo is becoming its own bank. The company announced on Friday it has been granted a national bank charter from the Office of the Comptroller of the Currency (OCC) and secured regulatory approvals from the FDIC and Fe... |
| 05.06.2020 | Varo Money Closes $241M in Series D |
SAN FRANCISCO, CA, Varo Money has closed a $241M Series D round, co-led by new investor Gallatin Point Capital and existing investor The Rise Fund.
>> Click here for more funding data on Varo Money
>> To export Varo Money fu... |
| 04.06.2020 | Mobile Banking Company Varo Closes $241 Million In Funding | Mobile banking company Varo Money announced it has raised $241 million in a Series D round of funding
Mobile banking company Varo Money announced it has raised $241 million in a Series D round of funding co-led by new investor Gallatin Poin... |
| 04.06.2020 | Varo Money raises $241M in funding round | Varo Money Inc. has raised $241 million in Series D funding co-led by Gallatin Point Capital and The Rise Fund, an existing investor that was co-founded by TPG, U2 frontman Bono and investor Jeff Skoll.
The funding will be used to grow the ... |
| 03.06.2020 | Varo Money Raises $241M in Series D Funding | Varo Money, Inc., a San Francisco, CA-based mobile banking company, closed a $241m USD Series D funding round.
The round was co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG, U2 lead singe... |
| 03.06.2020 | Varo’s $241M Series D Puts Fintech On Track To Becoming National Bank | 4 Shares Email Facebook Twitter LinkedIn
Mobile banking company Varo Money created a digital bank aimed at people seeking affordable financial services, and a new round of funding will help boost its efforts to promote financial inclusion f... |
| 03.06.2020 | Challenger bank Varo, soon to become a real bank, raises $241M Series D | Mobile banking startup Varo Money has raised an additional $241 million in Series D funding, the company announced today. The investment was co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TP... |
| 16.03.2020 | LendingClub's Foray Into Banking Could Spur Others To Join | February deal was first financial technology acquisition of a bank in 10 years. |
| 10.02.2020 | Varo gets long-awaited FDIC nod of approval | Sign up for our daily briefingMake your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
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| 24.07.2019 | Online checking accounts woo millennials with cash back, no fees, and interest on your money, but anyone can take advantage | Personal Finance Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.
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| 16.07.2019 | Challenger bank Varo, which has raised $179 million from Warburg Pincus and TPG, just took a big step that might separate it from competitors like Chime and Monzo | Aaron P. Bernstein/Reuters
Jelena McWilliams, FDIC chairperson
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Varo, a digital-only bank, is coming closer to gaining a national bank charter from the OCC that would separate it from competitors like Chime and Monzo.
Colin Wal... |
| 23.05.2019 | Online bank Simple makes things harder by removing bill pay | With a growing number of challenger banks taking on the U.S. market, one of the original startup banks, Simple — now owned by BBVA — has taken the unusual step of removing a core banking feature: bill pay. The company claimed the feature wa... |
| 21.02.2018 | Warburg Pincus-backed Varo Money Appoints Carl Gish CMO | Mobile banking startup Varo Money, Inc. today announced the hire of Carl Gish as Chief Marketing Officer. Gish is a marketing and general management executive with more than 20 years of experience across well-known, high-growth consumer bra... |
| 18.01.2018 | Mobile banking startup Varo Money raises $45 million to further explosive growth its banking app | Intelligent mobile banking startup Varo Money has just raised a$45 million Series B funding round to further the explosive growth its banking app. The latest funding round is led by existing investor Warburg Pincus, a global private equity ... |
| 18.01.2018 | Varo Money raises $45 million for mobile banking without fees | There are a number of startups looking to disrupt traditional banking. We’ve covered Chime, Zero and Jiko, just to name a few.
Another one of those is Varo Money and they’ve raised $45 million led by private equity giant, Warburg Pincus and... |
| 18.01.2018 | Varo Money Closes $45M Series B Funding | Varo Money, Inc., a San Francisco, CA-based mobile banking startup, closed a $45M Series B funding.
The round was led by existing investor Warburg Pincus and The Rise Fund with participation from thirty additional participants – including a... |
| 18.01.2018 | Term Sheet — Thursday, January 18 | BREAKING TRADITION
Good morning, Term Sheet readers.
Paid Content You can't secure what you can't see From ExtraHop
Ripple, the fintech startup behind the XRP coin, didn’t invest directly in the round. Rather, the company’s executives Stefa... |
| 18.01.2018 | Warburg Pincus Leads $45M Funding for Varo Money | Varo Money, Inc., a mobile banking startup, announced today that it has closed a $45M Series B funding round led by existing investor Warburg Pincus, a global private equity firm focused on growth investing, and The Rise Fund, a global impa... |
| 18.01.2018 | Varo Money Lands $45M |
SAN FRANCISCO, CA, Varo Money, a mobile banking startup, announced today that it has closed a $45M Series B funding round.
>> Click here for more funding data on Varo Money
>> To export Varo Money funding data to PDF and Exc... |
| 03.01.2018 | Here’s how long it will take Americans to pay off their Christmas debt | Originally Published by:
$1 billion in gift cards go unused every year — here’s how to avoid that 5 apps that automate your money and make you richer The chilling reason Walt Disney World got rid of ‘Do Not Disturb’ signs at some hotels
In ... |
| 25.07.2017 | Mobile banking startup Varo Money has applied for a bank charter | Due to a challenging regulatory environment and high switching costs associated with getting consumers to change banks, few startups try to compete with the big incumbent financial institutions head-on.
But Varo Money, which provides a mobi... |
| 19.12.2016 | Varo Money prepares to take on millennial fintech services with a bot named Val | Mobile banking app Varo Money is bringing a bot into its app to act as a financial personal assistant for its customers.
Named Val, the bot will help Varo customers plan emergency savings, set goals, and provide insights that help them keep... |
| 19.12.2016 | Varo Money prepares to take on millennial fintech services with a bot named Val | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Mobile banking app Varo Money is bringing a bot i... |
| 02.11.2016 | How banks can tackle millennial skepticism | Johnny Ayers Contributor
Johnny Ayers, SVP and co-founder of Socure, is a millennial himself and has been an advisor and mentor at several Silicon Alley startups, where he’s built global business development teams across the U.S. and Europe... |
| 02.05.2016 | Varo Money Lands $27M |
SAN FRANCISCO, CA, Mobile-only banking start-up has raised more than $27 million.
>> Click here for more funding data on Varo Money
>> To export Varo Money funding data to PDF and Excel, click here
Varo Money, Inc. a mobi... |
| 02.05.2016 | Varo Money Raises $27M in Funding | Varo Money, a San Francisco, California-based mobile-only banking startup, raised $27m in funding.
The round is led by Warburg Pincus. In conjunction with the funding, David Coulter, a special limited partner of Warburg Pincus, will join Va... |
| - | EVs Are Catching Fire in Florida After Hurricane Ian. Here's Why | Hurricane Ian made a devastating landfall in Florida in late September and as the category four storm ripped through the state an unexpected problem surfaced – a rise in electric vehicle battery fires.
In one case, a Tesla submerged by hurr... |
| - | NBA star Russell Westbrook invests in Varo Bank after $63 million funding round | Russell Westbrook led a $63 million funding round to become an investor in Varo Bank.
The NBA star will also serve as an advisor to the financial tech firm to improve banking relations with minority communities. |
| - | Varo Money raises $241m funding for national bank ambitions | ♫ I have climbed the highest mountains, I have run through the fields, only to be with you, only to be with you ♫
In this instance, US mobile banking company Varo Money has found what it’s looking for with a $241 million Series D funding ro... |
| - | ‘Fear is an opportunity,’ expert says. These steps can help you use what scares you to build wealth | Farnoosh Torabi, author of “A Healthy State of Panic,” says financial fear can help you build wealth if you lean into it.
“People who go and do that thing that presents as scary … they’ll come out of that on the other side of that road pote... |
| - | This Week in ‘Raises’: Mangomint Secures $13M, Automotus Sweeps up $9M | Salon software company Mangomint raises fresh funding to scale its engineering and product development efforts, while automated curb management platform Automotus will use its new funding to execute and support deployments in at least 15 ne... |
| - | LA Tech ‘Moves’: Rivian Taps Capital One Exec | “Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile he... |
| - | Starling’s and Varo’s diverging paths highlight need for neobanks to prioritize profitability | The news: Starling reported its first annual profit after successfully diversifying into the mortgage market and tailoring its strategy to focus on bottom-line growth.
The neobank posted a pretax profit of £32.1 million ($44.1 million), swu... |
| - | Does a banking license equal digital trust? | What we’ve been thinking: Digital trust is delicate, especially when it comes to personal and financial information. Building and maintaining trust is vital for customer retention. But it’s becoming even more important for neobanks and fint... |
| - | Meet the LA-Based Cybersecurity Companies Developing Software to Mitigate Cyber Threats | In 2022, there was a 28% increase in global cyber attacks compared to 2021. On average, there are over a thousand cyber attacks per organization that occur worldwide.
In the last year alone, we saw cyber threats penetrate some of the larges... |
| - | This Week in ‘Raises’: Kneron Gains $48M, Loop Lands $40M | San Diego-based Kneron, a developer of application-specific integrated circuits designed to offer AI-based tools raised fresh capital to create the next generation of innovative edge AI chips, while Loop Global will allocate its new funding... |
| - | Office Hours: Varo CEO Colin Walsh On Disrupting Traditional Banking for Younger Users | Colin Walsh brought 25 years of traditional banking experience to the launch of his online banking platform.
On this episode of Office Hours, the founder and CEO of Varo joins host Spencer Rascoff to talk about how the startup became a char... |
| - | Machina Labs Adds Former SpaceX, Relativity Space, and Carbon Execs to Bolster Team | “Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile he... |
| - | Greenwood’s content studio seeks to stir up interest and add users ahead of launch | The news: Greenwood, a US neobank geared toward Black and Latino communities, and co-founded by rapper and entrepreneur Killer Mike, is making a financial education push ahead of its expected early 2022 launch.
The neobank’s initiative is h... |
| - | Varo Bank | “Varo” |
| - | Women are ‘significantly more likely’ to live paycheck to paycheck, report finds | A lot of people feel stretched too thin, but when broken down by gender, 59% of women are living paycheck to paycheck, compared to only 41% of men, a recent report found.
Of those who are considered financially fragile, 67% are women. |
| - | 4 painless personal finance apps for people who hate thinking about money | If you've tried every budgeting app and abandoned it, one of these services could work for you. Sarah Mason/Getty Images
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Some people love budgeting apps. But others find them overly involved and want hands-off help.
Digit can hel... |
| - | Varo’s small-dollar loan updates include underwriting that could enrich future products | The news: Varo will make several updates to its small-dollar loan offering, Varo Advance, that range from changing the fees charged to revamped underwriting for borrowers. The US neobank, which announced the changes in an email for customer... |
| - | Wells Fargo axes personal credit lines in bid for product simplicity | The news: Wells Fargo will eliminate its personal lines of credit as part of an initiative to streamline its product lineup, which involves unwinding some offerings over the next few weeks, per CNBC. The US banking giant notified impacted c... |
| - | Huntington adds to its customer safety net with early paycheck access | The news: Huntington will let customers access direct deposits, including paychecks, up to two days in advance through a new free feature, Early Pay. The new feature is available to customers who have consistently made certain types of dire... |
